SBR Search Results: betmaker

Sportsbook news results for the search term: betmaker

The BetMaker (SBR rating B+) betting exchange has been merged with Bookmaker Sportsbook (SBR rating A+). Players were notified yesterday morning that they would be able to log-in to Bookmaker by adding an "L" to the end of their account IDs. All players balances are expected to be transferred within 24 hours to the new system. SBR will update this report as the transfers are confirmed as completed.

UPDATE 6:30PM ET: Betmaker is back online. The Betmaker (SBR rating B+) exchange is currently undergoing maintenance. SBR spoke with Betmaker.ag management, who expect that the exchange will be back online by this afternoon. In the meantime, players are able to call customer service or access support through live chat.

Bookmaker (SBR rating A+) has changed their domain name to www.Bmaker.ag. The original domain (Bookmaker.com) was seized along with seven other gambling websites—including industry sportsbooks BetDsi.com, Betmaker, and Beted.com—by US authorities pursuing banking violations.

BetMaker players can use their username and password to access their account at BookMaker. Players will not experience an interruption in service as both books use the same software. CRIS acquired both BetMaker.com and Bookmaker.com in August of 2006.

BetCRIS (SBR rating A+) to move all U.S. player accounts to CRIS-owned website, Bookmaker.com. Effective tomorrow morning, U.S. players will be redirected to Bookmaker.com upon logging in to their CRIS account. U.S bettors are not expected to experience an interruption in service as both websites operate using the same platform. CRIS acquired the Bookmaker website with the purchase of the BetMaker Group in August of last year. The BetCRIS brand will be used to target the the European market.

Update: Website change for U.S. players rescheduled for Thursday morning.

VIP Sports is the most active buyer. YouWager, BetRoyal and many smaller books are all said to be Sellers actively seeking buyouts. BetCRIS could also be a Buyer under the right circumstances which recently has focused on bailing out small operators. BetWWTS has made several trips and has signed at least one confidentiality agreement although we are unaware of any serious interest. Sportsbooks who have had made M&A headlines in the recent past that appear to be holding pat; Hollywood, BoDog, SportsInteraction are said to be no longer active Sellers. Smaller operations such as BetMaker, YouWager and Sportbet along with operations that have difficult reputations such as Royal Sports have mostly signed confidentiality agreements giving buyers a chance to possibly make an offer. SBR expects a pick-up in M&A activity despite rising valuations.

BetMaker(SBR rating B) addresses complaints attributed to misinformed customer service rep. Players who were told they could not withdraw their promotional winnings can email assistance@sportsbookreview.com or contact Silvia at Betmaker for the conditions of the offer.

BetMaker(SBR rating B) botched promotion prompts players to complain of dishonest marketing. The sportsbook offered free wagers to inactive accounts. Account holders who made winning wagers were later told that these funds are not withdrawable and is fake money. BetMaker’s customer service manager, Silvia, is investigating the matter.

SBR receives complaint stating that Betmaker is cold calling with unsolicitated bonus offers. The individual did not appreciate the call as he is not a gambler and is worried about how his contact information was obtained.

GoldMedalSports After aknowledgement of ownership by BetMaker (SBR Rating C+): BetZone raised from D+ to C, Bookmaker raised from D+ to C, 7Palms raised from D+ to C and GoldMedalSports raised from D+ to C

SBR has reviewed Betmaker's rating of D+ and concluded the rating to be accurate given Betmaker's current situation. Despite the apparent positive move away from Sportbet into the CRIS building, there will likely be challenges that will include, power struggles of management, higher costs and lack of assets to invest in marketing.